Our 5th update on Huobi DM's LTCNW and Binance's LTCUSDT combination pairs since 28th January 2020. Huobi DM's ETH_NW and Binance's ETHUSDT reached a seven day high on the 31st January indicating an overall 4% decrease from the 60 day high of 2.265, signaling a difference of -0.097 in 17 days, the pairing is positioned at 1.912 from 07:48:07 today with a profit of 0.00020944 BTC for every one bitcoin exchanged. Since we began we have seen a pairing high reach of 16.76 this year alone. In the last 24 hours the spread reached a high of 2.168 resulting in a -14.592 decrease from the year high creating a 87% change. Huobi DM's ETH_NW and Binance's ETHUSDT is positioned 122nd from 245 spreads we offer. This arbitrage opportunity is not looked upon as a fantastic change, and nowhere near HBDM BTC_CQ to Bitmex XBTUSD and Bitmex XBTM20 to Binance BTCUSDT which should be investigated.
1st February 2020 07:48:07 UTC - 3 weeks ago
Huobi DM ETH_NW @ 184.93200000
Binance ETHUSDT @ 183.02000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00020944 BTC with a 1.079% return
Bitcoin Trade Size
This pays an income of 0.00151844 BTC when you close 7.25 BTC of ETH_NW at Huobi DM at the market price of 184.93200000 and order the matching amount of 7.25 bitcoin of ETHUSDT at Binance for 183.02000000 yielding a 14.32 USD profit with BTC holding at 9,430 USD. For the time being look into this, this will return a profit if performed to the amount of 0.000209 per one bitcoin. The opportunity though points that the gains will be poor rendering it not worthwhile, specifically considering the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT returning 0.03870736 bitcoin profit per 1 BTC at present.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 1st February 2020 07:48:07, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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